Tax glossary | Done Right Accounting

A plain-English definition of a Canadian tax term, with the official source.

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Blog — Free tax tips, Canadian tax law updates, bookkeeping guides, and small business advice for Ontario. Updated weekly by Done Right Accounting.
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Tools Hub — Free tools for Ontario taxpayers: HST registration checker, self-employed tax set-aside calculator, incorporate-or-not calculator and instalment checker, all with CRA sources.
Hst Checker — Check if your business has passed the $30,000 small supplier threshold. Includes the rules for rideshare drivers, Airbnb hosts, daycares and tutors. Free, about 2 minutes.
Set Aside Calculator — See how much of each payment to save for income tax, CPP and the Ontario Health Premium, using 2026 CRA and Ontario rates.
Incorporate Calculator — Compare staying a sole proprietor with incorporating in Ontario: tax this year, cash in your pocket and money left in the company, using 2026 rates.
Instalment Checker — Find out if you need to pay quarterly tax instalments for 2026, how much to pay on each date, and what missing them would cost.
Document Checklist — Tools / Document Checklist on Done Right Accounting. Online tax, bookkeeping, HST and payroll for Ontario individuals and small.
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Glossary Index — Plain-English definitions of Canadian tax slips, forms, CRA services, credits and benefits, each with a link to the official source.
Services — Explore accounting services including personal tax, corporate tax, bookkeeping, and payroll for businesses across Ontario.
Monthly Bookkeeping — Flat-rate monthly bookkeeping for Ontario businesses. Books done monthly, HST filed on time, year-end ready. One flat monthly quote, 100% online.
Catch Up Bookkeeping — Months or years behind on your books? Flat-quoted catch-up bookkeeping for Ontario businesses. Get current, get compliant, and never fall behind again.
Hst Filing — HST/GST registration, filing, and catch-up for Ontario businesses. We handle ITCs, filing frequency, and CRA deadlines, flat-rate and fully online.
Payroll Page — Online payroll for Ontario small businesses: pay runs, CRA remittances, T4s, ROEs, WSIB and EHT guidance, with one flat monthly quote.
Service Detail — Tax, bookkeeping, payroll and advisory services for Ontario individuals and small businesses. Flat quotes, fully online, free consultation.
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How It Works Page — See our simple 5-step process for online tax preparation, bookkeeping, and payroll, from free consultation to final filing.
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Tax Calculator — Free Canadian income tax calculator for 2026 and 2025. Estimate federal and provincial tax, CPP, EI, and your refund or balance owing.
Industries — Specialized online accounting for Ontario industries: trucking, real estate, construction, healthcare, restaurants, creators, newcomers, and more.
Industry Page — Online tax and bookkeeping built around your industry: the deductions, filings and deadlines that matter for your kind of work. 100% online across Ontario.
Pricing — One flat quote up front on a free consult, and the invoice matches it. No hourly billing and no surprise fees. See how our pricing works.
Faq — Answers to the questions people ask before contacting an accountant: pricing, process, security, and working together. Plain language, no jargon.
Guides — Plain-language guides to Canadian and Ontario tax credits and benefits: turning 65, disability credits, first-home programs, self-employment and more.
Guide Page — Plain-language guides to Canadian and Ontario tax credits, benefits and deadlines, verified against CRA and Government of Ontario sources.
Locations — GTA-based and 100% online: bookkeeping, tax, HST and payroll for businesses and individuals across Ontario, from Toronto and Mississauga to Windsor.
City Page — Online bookkeeping, tax, HST and payroll for businesses and individuals across Ontario. Flat monthly pricing, fast onboarding, taking new clients.
Bookkeeping Index — Monthly bookkeeping for Ontario businesses: books reconciled monthly, HST filed on time, year-end ready. One flat monthly quote, fully online.
City Bookkeeping Page — Monthly bookkeeping for Ontario businesses: books reconciled every month, HST filed on time, one flat quote. Fully online, taking new clients.
Catch Up Assessment — Behind on your books? Answer four quick questions and get one flat quote for the whole cleanup, whether months or years behind. Free and fully online.
Bookkeeping Checklist — The weekly, monthly, quarterly, and yearly bookkeeping routine that keeps your Ontario small business books clean: one page, printable.